This is the first comprehensive study by the world's leading scholars about the political logic of the U.S.-China trade war that started during the Trump administration. The book is divided into three parts. The first part looks at changed leadership styles of the two countries in the last few years. It also examines the liberal international order since World War II in which the trade war emerged. It then explores the theoretical perspectives from both the United States and China that are related to the trade war. The second part is about the domestic factors that impacted on the trade war from China's perspective. These factors include China's institutional adaptation of the new international environment, the radicalization of the Chinese political discourse, and Big Power Diplomacy. The third part explores the U.S. domestic factors that impacted the trade war, such as the Trump administration's different China policy in general, the role played by the U.S. Congress, business lobby, and the transition of foreign policy from a Wilsonian World Order to Jacksonian Nationalism.

This book analyses Europe's COVID-19 response provided by governments and societies, to assess its influence on the economy from both a short- and long-term perspective. The authors argue that there are three key factors that determine how successful a given country is. The first is the determination and effectiveness of the government. The second is the capacity of states and their healthcare systems in times of crisis. The third is society's willingness to adhere to emergency measures and to cooperate with authorities. The book examines the government policy of EU states during the pandemic; studies the behaviour of EU societies; reveals the influence of the pandemic crisis on the economy of EU states and formulates a successful strategy to counteract the challenges wrought by the pandemic. The book will appeal to scholars and researchers engaged in the fields of economic and political science, global studies and international relations. Furthermore, it will also be addressed to policy makers of European States as it contains a complex analysis of their policy responses and the corresponding impact on European economy and society.

This volume collects the papers from a conference in honor of J. Michael Finger on the occasion of his retirement from the World Bank. The papers cover a number of important issues in the analysis of policy reform and the political economy of policy reform. In particular, papers focus on the political economy of trade liberalization, the role of international agencies in policy reform, policy learning, and the application of economic analysis in policy reform.

This book provides answers to fundamental questions of sustainable development and international cooperation in light of irreversible globalization. Based on comprehensive research and a wealth of experience from his own political activities, the author offers an insightful analysis of the globalized economy and its political, cultural and ecological context. Presenting an objective assessment, the author diagnoses the state of affairs and formulates recipes to overcome present day challenges, such as income inequalities, climate change, demographic imbalance and the new Cold War, which overlap with the "black trinity": populism, nationalism and authoritarianism. "Grzegorz Kolodko is one of the most acute observers of the international economy, based on long experience both as a practitioner and as an academic. His writings are always an important starting point for debate and discussion about the political economy of globalization." Francis Fukuyama, Stanford University, author of "The End of History" "Grzegorz Kolodko unites deep policy experience, a vast breadth of observation and a solid grip on real-world economics in his case for a new pragmatism. For all involved in the causes of peace, justice, shared prosperity and public purpose, he is a leader and an ally." James K. Galbraith, The University of Texas at Austin "Dr. Kolodko delivers comprehensive and inspiring economic analysis, drawing on his rich historical political leadership. His probing and insightful assessment of globalization in today's and tomorrow's world is a must read." Rev. Jesse L. Jackson, President of Rainbow Coalition and International Civil Rights Activist

The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic policy. This book looks into issues of monetary and factor market policies. The analysis also presents new theoretical and empirical research on the - transitory - decline of the Euro. Issues of exchange rate policy and international economic relations also are addressed.

This volume continues this series of international business issues with an exploration of the development and growing complexity of the global marketplace. One section should be of particular interest to those involved in European business. Entitled "Enlarging the European Perspective," it deals with marketing strategy in post-Cold War Eastern Europe and European integration and banking in Greece. The international theme is further developed with chapters on Mexico, the US and Japan.

According to the European Commission, two recent policies: the Digital Service Act and the Digital Market Act will allow for the regulation of a significant part of the EU Digital Single Market (DSM), to an extent similar to the creation of the traditional internal market in the early 1990s. The provisions are intended to improve conditions in the EU DSM to ensure that the market is as free and fair as it is safe for users of the digital economy. This interdisciplinary book analyses the impact of digital technologies on specific markets and, more broadly, the society and the economy. It identifies and assesses the different features, challenges, trends and dimensions of the EU DSM, from a legal and economic viewpoint, and also from a Polish perspective. Poland is presented as one of the EU countries participating in the creation of the EU DSM and is analysed alongside the average, as well as the best and the worst performing EU member states and compared with other non-EU members. The book addresses several broad areas in which the implications of digitalisation are particularly visible, and which are important to the "average" person: giant online platforms, freedom of speech, e-commerce, digital levy, energy infrastructure, and the labour market. The authors have presented opportunities and threats related to the functioning of the digital market. These opportunities and threats are typical of highly developed countries while reflecting the specific features of the EU DSM. The starting point of the considerations are the diverse experiences of the EU member states. The book adds a voice to the public debate on the role of the digital economy in the contemporary world and will be a useful guide for students and researchers in economics, law, and international relations. Chapters 1 and 2 of this book are available for free in PDF format as Open Access from the individual product page at ww.routledge.com . They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Those who study China's domestic economics tend to focus on its businesses, industries, supply chains, and energy market disruption through anecdotal case studies, which often point to impending collapse. This hardly squares with the dominant views of international relations scholarship, much of which focuses on system-level analyses and tends to predict that China will inevitably achieve ever-greater global power. It is no wonder that so many long-held assumptions about China have an air of paradox to them. Here Chi Lo presents the first full-length study to bring systemic analyses into dialog with domestic analyses, and in so doing, to show how each can challenge or refine the assumptions of the other. Taking on key presuppositions about the resilience (or otherwise) of China's economic fundamentals, and explaining why much of the global "common sense" about China is misinformed, this book applies evidence-based research to provide a novel picture of China's development and its place within the global economic system. China's Global Disruption: Myths and Reality is a must-read for students and researchers in both international studies and economics, and it is of keen interest to policymakers and practitioners concerned with China's ever-evolving place within the international political economy.

This is the first book to apply multimedia tools to economic and business storytelling. By examining the journalism essentials as well as the advanced multimedia skills, it helps readers use the latest technological tools to integrate multimedia elements into traditional news coverage. It also explains how to tell stories solely through multimedia elements. The new language of online journalism includes writing for digital platforms, writing blogs and writing for social media and involves a wide range of multimedia skills, like video, audio, photography, graphics, data visualization and animation. Multimedia journalism allows a two-way communication with the audience that was not possible in traditional "legacy" media, and this textbook is replete with links to useful tutorials, examples of award-winning multimedia stories, and advanced digital resources, offering journalists a road map to the brave new world of digital reporting and editing.

This book celebrates the life and work of Peter Nijkamp, whose research provides a strong focus on regional science. His work follows a rigorous, comprehensive approach, centred around analytical modelling and methodological innovation. This edited volume, like Prof Nijkamp's research, covers a wide range of topics in regional science, analysed through multi-criteria evaluation, evaluation modelling, econometrics, and simulations, among other methods. These tools are applied to the analysis of society and culture, tourism and information, cities, environment and sustainability. Professor Nijkamp is one of the founders and the past president of the Regional Science Association International. His work forms a valuable reference for researchers, scholars, policymakers, and students in the field of regional science and other disciplines. This volume, timed to coincide with his 75th birthday, celebrates Prof Nijkamp's great contributions to regional science. He also promoted and participated in the education and development of young researchers not only in regional science but also in other fields, supervising many Ph.D. students and hosting even more as guests in Amsterdam. Contributors to this volume include Prof Nijkamp's former doctoral students and guest researchers, as well as associates and colleagues.

This innovative book analyses the geographical patterns in foreign direct investment flows by combining elements from the theory of international production and the theory of economic geography. It develops a model for explaining why foreign direct investment is attracted to certain locations. The book examines foreign direct investment from a spatial perspective and considers how knowledge, regional synergies, economic integration, corporate strategies and networking affect patterns of investment. Using a model, Robert Morsink derives sets of determinants for different foreign direct investment patterns of multinationals and evaluates the corporate strategy behind these flows. First, he analyses investment flows within the European Union. Then, he goes into investments originating from the United States, Japan, Germany and the Netherlands and destined for Western Europe, South and Southeast Asia and North and South America. These analyses enable him to make suggestions for government policy at both the national and international level to attract foreign investment. Foreign Direct Investment and Corporate Networking will be of interest to economists working in the areas of international trade and investment, economic geographers and corporate strategy advisors as well as to policymakers from government and non-governmental organizations.

Attempts to integrate the Pacific regional economy accelerated sharply with the formation of the regionwide, official Asia-Pacific Economic Cooperation forum in 1989. This book probes into the distinctive process of regional cooperation in Asia-Pacific by focusing on the roles and perspectives of China, Japan, and Southeast Asian states. Asian developments shaping the new post-hegemonic global political economy challenge traditional models in international relations, which is here challenged to take East Asia seriously.

Technology, Society, and Conflict comprehensively studies and systematically highlights technological inequalities as a source of conflict in digital development while developing an economic and legal approach to resolving them. With a progressive approach, chapters reveal the social nature of technological inequality and digital development conflicts and model them as social institutions. The conflicts of digital development are identified and analysed in detail: global conflict of the technological inequality in the modern world economy; gender conflict; conflict in the labour market in the context of automation based on Robots, Big Data, and AI; and conflict in international trade. The manifestations of the digital divide are considered based on international practical experience at all levels of management - country, regional, business and household levels. This 30th volume of Contributions to Conflict Management, Peace Economics, and Development gives special attention to the latest experience in technological inequality and the aggravation of digital development conflicts in the context of the COVID-19 pandemic and crisis in 2019-2020 with foresight for the post-pandemic period.

This book examines China's trade insertion strategy in Latin America. Divided into five parts, the book features scholars from China, Chile, Costa Rica, Peru, and Mexico who present the main actors and dynamics around China's trade policy in the region in twelve carefully selected contributions, with qualitative and quantitative case studies. Highlighting China's important trade presence in Latin America after joining the World Trade Organization (WTO), the book analyzes the effects of free trade agreements China signed with three countries in the region - Chile (2005), Peru (2010), and Costa Rica (2011) - as well as specific preferential agreements with other countries from Latin America. While the first part of this book reviews China and Latin America trade policies, the second part explores China's view of Latin America. In a third part of the book, the contributions provide a deeper look into the trade relations between China and the countries of Peru, Costa Rica, Mexico, and the United States. The fourth part of the volume focuses on the emerging trade agenda between the two regions. Finally, the fifth part of the book discusses the trade challenges between China and Latin American and Caribbean countries. The book will appeal to scholars of international relations, economics, and political science, as well as policy-makers interested in a Chinese and Latin American perspective on trade policy in general, and on China's trade policy in the region in particular.

The 'Arab Spring' of 2011 has affected the countries of the region to varying degrees, including the Gulf Cooperation Council (GCC) members, comprising Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman and Bahrain. The GCC has become a significant regional bloc playing a vital economic and political role far beyond its shores, given its geopolitical strategic location, a preponderance of global energy reserves and a major international player through the use of accumulated financial reserves.

A new Gulf is rising, one that is more self assertive, looking to expand its membership to other Arab countries such as Jordan and Morocco, while at the same time strengthening the bloc's relationship with current and emerging trading and strategic partners in Europe, USA and Asia.

Regional and international realities, especially the uncertainties unleashed by the 'Arab Spring', are forcing Gulf leadership to initiate new policies involving closer cooperation amongst GCC countries to address emerging challenges.

This volume brings together thirty renowned academics and specialists to examine a range of multifaceted social, political and economic issues facing the GCC in key areas such as:

. Diversification from a high dependency on a narrow hydrocarbon base

. Social transformation, youth employment and effective gender participation

. Outward and inward foreign direct investment flows

. Prospects for education reforms and e-learning.

. Sustainable security in oil, renewable energy (including nuclear) and food

. Corporate governance, transparency and enhancing the private sector's operating environment

. The role and governance of Gulf Sovereign Wealth Funds in investing their surpluses.

The volume also offers insights for challenges facing the GCC in monetary union, expanding the regional debt market and "Sukuk "issuance, GCC intellectual property rights application, detailed assessments of individual GCC country risk analysis, as well as the sustainability of long term government fiscal stimulus programs at the expense of private sector involvement.

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An Empirical Investigation of Stock Markets: The CCF Approach attempts to make an empirical contribution to the literature on the movements of stock prices in major economies, i.e. Germany, Japan, the UK and the USA. Specifically, the cross-correlation function (CCF) approach is used to analyze the stock market. This volume provides some empirical evidence regarding the economic linkages among a group of different countries.

Chapter 2 and Chapter 3 analyze the international linkage of stock prices among Germany, Japan, the UK and the USA. Chapter 2 applies the standard approach, whereas Chapter 3 uses the CCF approach. Chapter 4 analyzes the relationship between stock prices and exchange rates. Chapter 5 analyzes the relationship among stock prices, exchange rates, and real economic activities. Chapter 6 summarizes the main results obtained in each chapter and comments on the possible directions of future research.

Japan experienced a remarkable growth in international finance, through a series of liberalization measures in the 1980s. However, her position in the global financial system is still limited, as the reserve currency share of yen illustrates. Why does such a contrast exist? Historical comparison with Britain and the United States as well as extensive data provide a key to answer the question.

This book is divided into two parts. One is the state of trade in East Asia before and after the collapse of the tributary system to the Ming Dynasty, and the other is the war of aggression in which Toyotomi Hideyoshi of Japan sent a large number of troops to the Korean Peninsula with a view of conquering China at the end of the sixteenth century. With regard to East Asia in the sixteenth and seventeenth centuries, the contributors in this book share a problem awareness in terms of using trade and war as subjects to clarify multi-ethnic, borderless, and multilayered situations. Although there are many chapters related to Japan, this book tries to grasp the interaction between Japan as a region of East Asia and neighboring countries from a global perspective, not the one singular national history.

Two of the most important economic processes at work in recent years are the globalization of the world economy and the economic transition in Central and Eastern Europe and the former Soviet Union. This book analyses the transition process from a comparative perspective and places these changes within the wider framework of globalization. It assesses the problems of transition faced by business and governments to better understand the direction in which future economic and political policy should move for improved growth. It evaluates the current stage of economic development in the transitional countries and discusses trends in the world economy since the early 1990s. Specifically, it addresses trends in global and regional development strategies, government policies, privatization, foreign investment and external balances. The authors then analyse the future prospects for economic and political relations between Eastern Europe and the European Union, the World Trade Organization and the international community as a whole. Some of the specific issues they focus on include US industrial competitiveness policy, economic nationalism, privatization in Eastern Europe, venture capital activities, the required economic conditions for Eastern European countries to join the European Union, regionalism and industrial policy for Eastern Europe, and lessons to be learned from the Japanese and Hong Kong transformations, as well as a comparative assessment of some political aspects of the economic strategies in Japan and Germany. Eastern Europe and the World Economy will be welcomed by scholars and students interested in the economics of transition, comparative economic systems, international economics and development economics, as well as by policymakers and government officials.

Climate Trading covers issues related to greenhouse gas emissions trading markets, including the events that lead up to the adoption of the Kyoto protocol, the development of the market-based mechanisms under the Protocol, and the emerging domestic and international emissions trading and carbon credits markets. The book provides a comprehensive and detailed overview of the complex and evolving issues surrounding these markets. As governments begin the process of implementation of domestic regulation in order to meet international requirements, it will be crucial for capital markets practitioners to understand the implications and options associated with emissions trading.

Economic policy debates have devoted increasing attention to the design and implementation of policies to aid the growth of high-technology firms and industries. In the United States this focus on technology policy' has been influenced by similar debates and policy experiments in other industrial economies, notably Japan and Western Europe. The domestic U.S. debate over support for technology development and national competitiveness has been hampered by two major conceptual flaws -- the demand for immediate economic results from basic research and considering national technology policies independent of developments in the international economy. This volume addresses these deficiencies in the analysis of technology policy by examining a number of issues faced by managers and public officials in industrial and industrializing economies that are now linked closely through international flows of goods, capital, and technology. The book lays out an analytical framework for the study of national policies towards technology and science. In addition, the book addresses the complex issues raised by interdependence among the public and private institutions governing the creation, commercialization, and adoption of new technology in different national economies. Finally, the book reviews the development of two global high-technology industries: aerospace and semiconductor components.

Some of the trades covered in the book are well known but most are only known to a small group or to market specialists. The ability to 'see into' actual trades offers a fascinating and unprecedented insight for those interested in the oil markets and gives the book broad appeal. The book can be used as an educational reference work by market participants and as a more general guide to how the crude oil market operates and the strategies that traders employ. There are very academic books about the theory of trading but nothing that directly covers real-life examples of innovative and winning trades, each of which illuminate a different aspect of trading or a different era in the oil markets. The presentation of each individual trade has been designed so that they can be used as case studies by business schools.

Addressing the unprecedented international interest in China's high-speed railways, this book adopts a global perspective to examine the success of the system and probes into its going-global strategy in the context of the "Belt and Road" initiative, providing readers around the world a better understanding of infrastructure construction under the "Belt and Road" plan, as well as the global vision of communication and mutual exchange and prosperity among the countries along the Belt and Road route. The previous American President, Barack Obama, once told President Xi Jinping that there were two things about China that he particularly admired: the high-speed railway system, and the mathematics education. "The Belt and Road, and the Global Strategy of China's High-speed Rail" provides scholarly researchers and those generally interested in China's High-speed rail excellent insight into this impressive and rapid development.

This text critically analyzes the institutions of the EU and NAFTA. It covers both the general problems of building new and integrated markets, and several policy areas that are related to economic integration. The institutions established in both Europe and America are seen as deficient in several respects: not only are the "side effects" on labour markets, social and environmental conditions considered inadequately addressed. Without offering adequate replacements, the book claims, the economic integration projects are actually undermining some of the core institutions that serve the needs of the market economies institutions upon the integration process itself depends.

Logistics are a critical element for country competitiveness and economic performance, including poverty reduction. Most emerging countries such as Asia, Africa, Latin America and the Caribbean are focusing on export-led growth strategies and poverty reduction strategies, and their performance is adversely affected by their high logistic costs that range from 10% to 50% of product value. This book illustrates the relevance and impact of logistics on these areas while also offering an effective logistics and infrastructure framework that addresses the full spectrum of the productive chain (upstream, midstream and downstream). It provides a structured agenda for designing and implementing holistic policy interventions (soft and hard components) to reduce logistic costs. Featuring case studies and examples of specific interventions and their impact in many countries, a number of them in Latin America, this book is useful to scholars, academics, practitioners and policy makers interested in the reduction of logistics costs and poverty reduction in the global economy.